Aggregate Distributions to Date Total Approximately $9.16 Billion
Supreme Court Decision Permits Request for Court Approval of Sixth Interim Pro Rata Distribution to Bring Aggregate Customer Payout in Global Madoff Liquidation to Approximately $9.13 Billion - Nearly 57 Percent of Losses Will Be Returned to Customers
Unsecured general creditors can now expect a near full recovery on their allowed claims
Distribution Would Bring Total Unsecured General Creditor Payout to $7.8 Billion
Total BLMIS Customer Fund Recoveries & Agreements Will Now Be More than $10.874 Billion
Work of Trustee Picard Praised in New $93 Million Recovery Agreement Illustrating Importance of Issues Addressed in Petitions Before U.S. Supreme Court
Securities Investor Protection Corporation Urges Reversal of Decision Impeding Return of Funds Owed to Victims of Madoff Scheme
Madoff Trustee Irving H. Picard Announces Fifth Disbursement of $355.8 Million, Bringing Total to $7.2 Billion for Allowed Claimants